Forjay Management Ltd. v. 0981478 B.C. Ltd.

JurisdictionBritish Columbia
CourtSupreme Court of British Columbia (Canada)
JudgeFitzpatrick
Citation2019 BCSC 238
Docket NumberH170498
Date25 February 2019

Get this document and AI-powered insights with a free trial of vLex and Vincent AI

Get Started for Free

Unlock full access with a free 7-day trial

Transform your legal research with vLex

  • Complete access to the largest collection of common law case law on one platform

  • Generate AI case summaries that instantly highlight key legal issues

  • Advanced search capabilities with precise filtering and sorting options

  • Comprehensive legal content with documents across 100+ jurisdictions

  • Trusted by 2 million professionals including top global firms

  • Access AI-Powered Research with Vincent AI: Natural language queries with verified citations

vLex

Unlock full access with a free 7-day trial

Transform your legal research with vLex

  • Complete access to the largest collection of common law case law on one platform

  • Generate AI case summaries that instantly highlight key legal issues

  • Advanced search capabilities with precise filtering and sorting options

  • Comprehensive legal content with documents across 100+ jurisdictions

  • Trusted by 2 million professionals including top global firms

  • Access AI-Powered Research with Vincent AI: Natural language queries with verified citations

vLex

Unlock full access with a free 7-day trial

Transform your legal research with vLex

  • Complete access to the largest collection of common law case law on one platform

  • Generate AI case summaries that instantly highlight key legal issues

  • Advanced search capabilities with precise filtering and sorting options

  • Comprehensive legal content with documents across 100+ jurisdictions

  • Trusted by 2 million professionals including top global firms

  • Access AI-Powered Research with Vincent AI: Natural language queries with verified citations

vLex

Unlock full access with a free 7-day trial

Transform your legal research with vLex

  • Complete access to the largest collection of common law case law on one platform

  • Generate AI case summaries that instantly highlight key legal issues

  • Advanced search capabilities with precise filtering and sorting options

  • Comprehensive legal content with documents across 100+ jurisdictions

  • Trusted by 2 million professionals including top global firms

  • Access AI-Powered Research with Vincent AI: Natural language queries with verified citations

vLex

Unlock full access with a free 7-day trial

Transform your legal research with vLex

  • Complete access to the largest collection of common law case law on one platform

  • Generate AI case summaries that instantly highlight key legal issues

  • Advanced search capabilities with precise filtering and sorting options

  • Comprehensive legal content with documents across 100+ jurisdictions

  • Trusted by 2 million professionals including top global firms

  • Access AI-Powered Research with Vincent AI: Natural language queries with verified citations

vLex

Unlock full access with a free 7-day trial

Transform your legal research with vLex

  • Complete access to the largest collection of common law case law on one platform

  • Generate AI case summaries that instantly highlight key legal issues

  • Advanced search capabilities with precise filtering and sorting options

  • Comprehensive legal content with documents across 100+ jurisdictions

  • Trusted by 2 million professionals including top global firms

  • Access AI-Powered Research with Vincent AI: Natural language queries with verified citations

vLex
8 practice notes
  • Community Savings Credit Union v. Bodnar
    • Canada
    • Court of Appeal (British Columbia)
    • July 29, 2022
    ...rates of up to 60 percent per year”. In that case, the interest rate was read down to 60%. In Forjay Management Ltd. v 0981478 B.C. Ltd., 2019 BCSC 238, the Court found that a “commercial lending transaction intended for normal purposes” could be read down to 60% without subverting the poli......
  • Mixing Oil and Water? Redrawing the Limits of Contract Freedom After the Criminalization of Usury. (Canada)
    • Canada
    • Ottawa Law Review No. 55-1, January 2024
    • January 1, 2024
    ...2009 ABCA 21). (129) I have found two such cases, in addition to a small claims court case and Forjay Management Ltd v 0981478 BC Ltd, 2019 BCSC 238 [Forjay BCSC]. In Whitrow v Hamilton, 2010 SKCA 7, the court dealt with a loan of $5,000 at 10% annual interest rate that contained a $500 pro......
  • Forjay Management Ltd. v. 0981478 B.C. Ltd.
    • Canada
    • Supreme Court of British Columbia (Canada)
    • April 24, 2020
    ...began. The background has been described in many of my earlier decisions, most notably Forjay Management Ltd. v. 0981478 B.C. Ltd., 2019 BCSC 238 (the “Summary Trial Reasons”) issued in February 2019, aff’d Forjay Management Ltd. v. 625536 B.C. Ltd., 2020 BCCA 70 . [2] The Summary Trial Re......
  • Forjay Management Ltd. v. 625536 B.C. Ltd.
    • Canada
    • Court of Appeal (British Columbia)
    • February 27, 2020
    ...On appeal from: An order of the Supreme Court of British Columbia, dated February 25, 2019 (Forjay Management Ltd. v. 0981478 B.C. Ltd., 2019 BCSC 238, Vancouver Docket Counsel for the Appellant: C. Harvey, Q.C. J.E. Shragge Counsel for the Respondents Forjay Management Ltd. and Reliable Mo......
  • Get Started for Free
7 cases
  • Community Savings Credit Union v. Bodnar
    • Canada
    • Court of Appeal (British Columbia)
    • July 29, 2022
    ...rates of up to 60 percent per year”. In that case, the interest rate was read down to 60%. In Forjay Management Ltd. v 0981478 B.C. Ltd., 2019 BCSC 238, the Court found that a “commercial lending transaction intended for normal purposes” could be read down to 60% without subverting the poli......
  • Forjay Management Ltd. v. 0981478 B.C. Ltd.
    • Canada
    • Supreme Court of British Columbia (Canada)
    • April 24, 2020
    ...began. The background has been described in many of my earlier decisions, most notably Forjay Management Ltd. v. 0981478 B.C. Ltd., 2019 BCSC 238 (the “Summary Trial Reasons”) issued in February 2019, aff’d Forjay Management Ltd. v. 625536 B.C. Ltd., 2020 BCCA 70 . [2] The Summary Trial Re......
  • Forjay Management Ltd. v. 625536 B.C. Ltd.
    • Canada
    • Court of Appeal (British Columbia)
    • February 27, 2020
    ...On appeal from: An order of the Supreme Court of British Columbia, dated February 25, 2019 (Forjay Management Ltd. v. 0981478 B.C. Ltd., 2019 BCSC 238, Vancouver Docket Counsel for the Appellant: C. Harvey, Q.C. J.E. Shragge Counsel for the Respondents Forjay Management Ltd. and Reliable Mo......
  • Forjay Management Ltd. v. 0981478 B.C. Ltd.
    • Canada
    • Supreme Court of British Columbia (Canada)
    • August 4, 2022
    ...625 on various sub‑issues. [17] On February 25, 2019, I issued reasons for judgment: Forjay Management Ltd. v. 0981478 B.C. Ltd., 2019 BCSC 238. I resolved the Security/Priority Issues in favour of Forjay/RMIC and the issue as to whether certain advances were validly made under the Mortgage......
  • Get Started for Free
1 books & journal articles